100%

Scanned image of the page. Keyboard directions: use + to zoom in, - to zoom out, arrow keys to pan inside the viewer.

Page Options

Share

Something wrong?

Something wrong with this page? Report problem.

Rights / Permissions

The University of Michigan Library provides access to these materials for educational and research purposes. These materials may be under copyright. If you decide to use any of these materials, you are responsible for making your own legal assessment and securing any necessary permission. If you have questions about the collection, please contact the Bentley Historical Library at bentley.ref@umich.edu

October 31, 1980 - Image 23

Resource type:
Text
Publication:
The Detroit Jewish News, 1980-10-31

Disclaimer: Computer generated plain text may have errors. Read more about this.

THE DETROIT JEWISH NEWS

Friday, October 31, 1980 23

INTRODUCING THE CHECKING
ACCOUNT THAT PA INTEREST

n December 31, your present checking

count at your bank becomes obsolete.
ecause on that day,First Federal Savings
of Detroit will begin offering a new con-
cept - in money management—the First
Federal interest- earning.
checking account.

You'll use this new
type of account
like any traditional
checking account.
- But it will do some-
- gb thing no checking
account ever did •
before. It will pay
you interest like a savings account-5 1:4%
per year, daily interest, paid and com- •
pounded quarterly. Even when you write
a check, the amount of that check keeps
earning interest until the day the check is
deducted from your account.

T

YourFirst Federal interest-earning check-
ing account will require a low minimum
balance of just
S300. And as
long as you
maintain
this bal-
ance,

there is no
monthly serv-
ice charge. First Federal's low minimum
balance requirement frees up more.of
your money for other needs

.

This optional feature of your interest-
earning checking account helps protect

you from the
inconvenience
of accidentally
A
overdrawing
the account. /1
It provides asimii,iamil;ii=IINI Imirm
you with
FFICITECTION
peace of
mind. Be sure
to apply separately for this service. When
accepted, you'll have a pre-approved line
of credit available.

r

.



You can sign up for
your account
right now with
a minimum
deposit of
Pi/ 526 elaetixt
S300. For
.441, 1
making this
- early deposit,
you'll be
entitled to 50free personalized checks
which will be sent to you after December
30, 1980. In addition, we'll put that - de-
posit in a regular savings account until
December 31, 1980,earning 5 1/2% per year
daily interest. On that date we'll auto-
matically convert your account to an
interest-earning checking account. And
you'll be able to start writing checks and
earning 5 1/4°,/c, annual interest, the highest
annual rate allowed by law on interest-
earning checking accounts.



First Federal's more than 60 offices mean
you can have your interest-earning
checking account close to where you live,
work, or shop—whichever is.most con-

venient for you.
Adding to this
convenience are
15 Night Owl
Windows
(our 24-hour •
automatic teller
machines) in key offices.
...
With them you can transact
almost all your First Federal
business any time of the day or night,
seven days a week.
It all adds up—a checking account that
pays interest, requires a low minimum
balance, offers overdraft protection and
50 free checks. And, of course, each
month we will return your cancelled

r

INTEREST ON CHECKING BEGINS HERE.

We wishto apply for a First Federal interest-
earning checKing vaccount in the names listed
below I have enclosed S
to start my account (Minimum 5300i

I

checks along with your
detailed state-
ment. Apply
for your
account by
sending in the
_coupon below.
Or visit any office
of First Federal
Savings of Detroit.
Your Center for
Family Financial Matters
Under Federal law, interest-earning
checking accounts cannot be used until
December 31, 1980. This service is available
for individuals, single proprietorships,
and some nonprofit organizations.

iFir.st Name ,

Also, please send me an application for

Overdraft
Protection

Prestige - Card for
Night Owl Window Service

, Last

initial

Address

City

State

Your Signature'

Zip

Social Security Number

0,:vner s Signature if Joint Account ,

Home Telephone

If you wish to open a point account,. please give -
name with middle initial

M

L

(First Name ,

, initial ,

mail or bring this application to your nearest
First Federal office

(Last :‘, Jame ,

INTEREST-
B6R\ING
CHECKING
ACCOUNT

FEDERAL

FIRST FEDERAL SAVINGS OF DETROIT

Main Office: 1001 Woodward Avenue, Detroit, Michigan 48226. Phone: (313) 965-1400.

Branch offices throughout the Detroit Metropolitan Area.

t.

-a >a 'a

S'

•1 r

1. • ;) w r' ♦ *



Back to Top

© 2021 Regents of the University of Michigan